Industry Seeks Fewer GST Slabs, Lifting of Long-term Cap Gains Tax - The Economic Times.
Dear all,
Your association SIMA is forwarding herewith Articles published in The Economic Times and Asli Azadi, dated 18.12.2019.
1. Industry Seeks Fewer GST Slabs, Lifting of Long-term Cap Gains Tax.
(Pre-Budget Consultations Different sectors come up with their wish lists)
The industry has sought simplified and more convergent GST rates with fewer slabs and lifting of long-term capital gains tax to boost disposable incomes that would help revive consumption.
The suggestions came up on Tuesday during finance minister Nirmala Sitharaman’s pre-budget consultations with industry, trade and services sectors amid discussions on regulatory environment impacting private investment, measures to promote exports, industrial production, logistics, media and entertainment services and IT and IT-enabled services.
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2. A newspaper article published in Asli Azadi, dated 18.12.2019.
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Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
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